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Mnuchin, Schumer rev up talks as small business aid runs dry

Mnuchin, Schumer rev up talks as small business aid runs dry
Posted at 6:22 PM, Apr 15, 2020
and last updated 2020-04-15 18:22:02-04

WASHINGTON (AP) — Talks in Washington are accelerating on a stopgap coronavirus relief bill aimed at helping small businesses.

Senate Minority Leader Chuck Schumer and Treasury Secretary Steven Mnuchin spoke Wednesday about President Donald Trump's request for $250 billion in emergency aid.

The money would be used to shore up a paycheck subsidy program that gives grants to businesses with fewer than 500 workers so that they can maintain payroll and pay rent.

Reaching a deal on new funding won't be easy.

Top GOP leaders are vowing to stick closely to Trump's request despite Democratic demands to add funding for states and hospitals.

Johns Hopkins Center for Systems Science and Engineering